Why Microsoft Stock Surged 10.4% Last Month But Is Sinking in June

Microsoft stock gained 10.4% in May driven by AI momentum and a strong quarterly earnings report, but has declined 7.5% in June amid macroeconomic concerns. A stronger-than-expected jobs report has raised investor fears about potential Federal Reserve rate hikes, which could negatively impact growth stocks like Microsoft. The stock remains down roughly 14% year-to-date.